This assault by the AFR is not going to end any time soon, but the frivolous use of shares clearly has to stop because it does have the appearance of a free-for-all. I'll be voting against any share issues at the AGM unless there is a bloody strong business case made for it.
There must be an internal leak for the AFR to get hold of internal emails, which is a major worry, particularly when these emails should have only circulated at higher levels within the company.
Although $50k relatively speaking is a drop in the ocean, if there was any consideration for $50k to be spent as described in the article it just doesn't reflect well on a young company making its way. Share holders don't need to be wined and dined if the SP is going gang-busters. We clearly need to find an alternative to FCC or dramatically renegotiate the current terms. We are a bigger cash cow to them then the other way around, so that needs to even up or cease.
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